Gold adjusted 8 times, down B500 | Bangkok Post: business

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Gold adjusted 8 times, down B500

The Gold Traders Association at 16.17pm announced its eighth price adjustment on Friday with the buying prices set 23,361.56 baht per baht-weight for gold ornaments and 23,700 baht per baht-weight for gold bar.

The selling prices were set at 24,200 baht per baht-weight for gold ornaments, and 23,800 baht per baht-weight for gold bar.

The price was adjusted down five times  and raised three times. At the end, the price was down 500 baht from Thursday’s close.

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Your comments

  • DickFarang

    ThailandPost : 323

    Send message

    Discussion 1 : 05 Jan 2013 at 02.581

    That comment by that Khun Jitti really makes no sense.

    If there is a lack of confidence in monetary policies, gold will become more attractive.

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